Save Money While You Earn It!

While the economy has crumbled over the past months, its effects have been felt by millions of workers across the country. It is my hope that those still employed have been able to learn from the experience of working for less or practically living paycheck to paycheck.

As for budgeting, one easy way to save quite a bit each week is to pack your lunch. If you buy foods in bulk at a wholesale retailer like BJ's or Sam's, you can purchase enough food to pack and enjoy for weeks at a time. I would recommend however, to stick to bulk buying things that are non-perishable, as you don't want to waste that money on lunch meats that will spoil quickly.

Another tip is to take a certain portion out of each paycheck and put it toward savings. This little extra can serve as a cushion that you can use if and when you come across an emergency situation. I personally felt the hardship of NOT having savings when my car had issues unexpectedly last month.

Little steps like these are easy measures that can help you save money in the long run. Try not to stress too much over it though-- you only live once and it's no fun to spend that time scrimping down to the dime :)

Labels: finances, money management, pay cuts

Posted by Amanda on 7/02/2009 10:44:00 PM
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Just because the economy is in the toilet doesn't mean that you have to be

Having recently discovered the joys of massive corporate budget cuts, I can’t agree more with what Seymour has to say. Before snubbing your nose at a job opportunity because of what you view as an inadequate paycheck, remember to consider the fact that our country’s economy is currently in the toilet – and that you don’t want to be unemployed for so long that you have to start drinking out of one. A few years ago, you could afford to be particular about dots and zeros, but as things stand, you’d be well advised to accept a smaller bottom line gracefully. When things recover, your employer will remember your willingness to take that financial hit when it comes time to consider candidates for promotion. As of this writing, I’m working for a little less – a lot of us are – but keeping that in mind helps to ease the pain. Well, that and the fact that I’ve not yet been reduced to drinking out of toilets in order to survive.

Labels: downsizing, having to drink from toilets (how to avoid), pay cuts, paycheck

Posted by Brian on 6/29/2009 01:46:00 PM
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